More regulations for showrooms in amended Housing Developers Act

[specuvestor]

I know it is terrible when s$&t hits the fan. But the point I am trying to make is that if people want to commit to a massive financial commitment without thinking thru it or being fooled by simple presentations, it is not useful to legislate to protect these people. They WILL find a way to ignore good sense in general.

There is that much that regulations can do to help these people. But it is better than nothing or arguing smart consistent regulations are not necessary, as some other capitalists like to trumpet on CNBC.

I was particularly shocked when one of the CNBC presenter said she can't think of anything that regulations were helpful. Good grief. Even the broadcast system is standardised because of regulation, for the benefits of consumers. That's how extreme ideology can become, even for something sensible like capitalism.